Sepp Hasslberger's Blog (3)

A student recently decided to create an algorithm like Google's to index web pages. After some iterations and months of hard work the code did not seem to work as well as Google's, so he decided to use the fruits of his labor in a more restricted field - he limited his crawler to find bit-torrent files. He then proceeded to check those torrents to eliminate the deadwood and the fakes and to put up the ones that had sufficient information on a server. Here is his description of what he did and… Continue

In today's world we have for the most part - a strict separation of production and consumption, which together constitute "the market". The incentive for a market economy is a division of labor. Some are good at organizing, others are good at doing various "jobs". The enterprising spirits who are good at organizing become producers or purveyors of commerce, meaning, distributors of things produced. The less enterprising who yet need some resources to survive contribute by selling their manual… Continue